Applied Digital (APLD) Assets (2021 - 2026)
Applied Digital's (APLD) quarterly Assets came in at $9.9 billion in Q2 2026, up 430.95% on a YoY basis from $1.9 billion in Q2 2025, and up 58.95% quarter-over-quarter from $6.2 billion in Q1 2026.
Analysis
Applied Digital (APLD) Assets (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Assets for 6 consecutive years, with $9.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets rose 430.95% year-over-year to $9.9 billion; the trailing twelve-month figure through May 2026 stood at $9.9 billion (up 430.95% YoY), and the FY2026 full-year result was $9.9 billion, up 430.95% from the prior year.
- Assets improved to $9.9 billion in Q2 2026 per APLD's latest filing, from $6.2 billion in the prior quarter.
- Across five years, Assets topped out at $9.9 billion in Q2 2026 and bottomed at $63.5 million in Q1 2022.
- Historically, Assets has averaged $1.8 billion across 5 years, with a median of $703.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Assets soared 697.1% in 2022, then jumped 120.0% in 2023.
- Over 5 years, Assets stood at $167.4 million in 2022, then soared by 187.06% to $480.7 million in 2023, then jumped by 221.06% to $1.5 billion in 2024, then soared by 238.87% to $5.2 billion in 2025, then jumped by 89.88% to $9.9 billion in 2026.
- According to Business Quant data, Assets over the past three periods registered $9.9 billion, $6.2 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 41.08 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 8.05 Bn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 7.50 Bn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 9.93 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 12.64 Bn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 5.26 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 248.68 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 880.89 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 39.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 9.93 Bn |
| Feb 28, 2026 | 6.25 Bn |
| Nov 30, 2025 | 5.23 Bn |
| Aug 31, 2025 | 2.40 Bn |
| May 31, 2025 | 1.87 Bn |
| Feb 28, 2025 | 1.71 Bn |
| Nov 30, 2024 | 1.54 Bn |
| Aug 31, 2024 | 937.73 Mn |
| May 31, 2024 | 762.87 Mn |
| Feb 29, 2024 | 643.17 Mn |
| Nov 30, 2023 | 480.65 Mn |
| Aug 31, 2023 | 349.15 Mn |
| May 31, 2023 | 263.96 Mn |
| Feb 28, 2023 | 207.61 Mn |
| Nov 30, 2022 | 167.44 Mn |
| Aug 31, 2022 | 145.92 Mn |
| May 31, 2022 | 119.98 Mn |
| Feb 28, 2022 | 63.49 Mn |
| May 31, 2021 | 15.05 Mn |